Trepp, a provider of commercial mortgage-backed securities data, acquired market intelligence firm Investcap Advisors this week to dig deeper into commercial loans underlying securities. Massachusetts-based Investcap is bringing its two web-based platforms to the merged company. Both applications allow analysts to cut through streams of data to discover valuable information on the quality of loans backing CMBS. Trepp plans to pass this data onto primary and secondary mortgage market participants who continue to demand in-depth information about systematic risks underlying portfolios of commercial mortgage-backed securities. The value of the transaction was not disclosed. “We are constantly striving to increase the value of our services and I am confident that our acquisition of Investcap is aligned with that objective,” said Annemarie DiCola, CEO, Trepp.  “We have great respect and admiration for Investcap and I look forward to leveraging their great real estate and technology expertise.” Write to Kerri Panchuk.